It is a broadly described annual report of Rain Industries Limited (Formerly Rain Commodities Limited) in the year of 2016. During the financial year, Total assets of the Company stood at Rs. 130,279.25 million. The Company has achieved net revenue from operations of Rs. 94,378.09 million. Profit before exceptional items, tax, share of (profit)/loss of associates and minority interest of the Company for the year Rs. 5,287.92 million compared to Rs. 5,045.74 million in the previous year. During the year, the Company’s net profit stood at Rs. 2,247.27 million compared to Rs. 3,233.39 million in the previous year. Earnings per share (EPS) of the Company for the year was at Rs. 6.68.
The Board of Directors of the Company has recommended have an interim dividend @50% on the paid up Equity share capital of the Company i.e., Rs. 1/- per Equity share on face value of Rs. 2/- each and no further dividend has been recommended for the Financial year ended 31st December 2016.
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